Economy, asked by sahil13677, 1 year ago

what is demand deposit !???​


vaibhav1782002: the deposit in the bank accounts can be withdrawn on demands, they are called demand deposits

Answers

Answered by adhtithyan10
0

here is your answer dear

deposit with bank which can be withdrawn on demand on demand is called demand deposit

Answered by meena52
1

DEMAND DEPOSIT; People can withdraw the money as and when they require. Since the deposits in the bank accounts can be withdrawn on demand, these deposits are called demand deposits.  

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